| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | — | $2M | — | 66.4% |
| Op. Income | -$3M | — | -$1M | — | -117.2% |
| Gross Margin | 2.9% | — | 23.4% | — | -20.5pp |
| Net Margin | -85.7% | — | -71.2% | — | -14.5pp |
| EPS (Diluted) | $-0.14 | — | $-32.28 | — | 99.6% |
| Free Cash Flow | -$2M | — | -$617.6K | — | -188.4% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $97.2K |
| R&D Expenses | $729.8K |
| Selling & Marketing | $185.5K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $666.7K |
| Operating Expenses | $3M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$3M |
| Interest Income | $6.0K |
| Interest Expense | $37.9K |
| Other Income/Expenses | -$149.2K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$192.5K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $187.8K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $187.8K |
| Stock-Based Compensation | $162.8K |
| Deferred Income Tax | -$172.6K |
| Other Non-Cash Items | $505.6K |
| Change in Working Capital | $395.8K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$7.6K |
| Acquisitions (Net) | $2.0K |
| Purchases of Investments | $1.8K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10.0K |
| NET CASH FROM INVESTING | $6.2K |
| Net Debt Issuance | $358.2K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $210.1K |
| NET CASH FROM FINANCING | $541.6K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $942.3K |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $234.8K |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $3M |
| Goodwill | $3M |
| Intangible Assets | $5M |
| Long-Term Investments | $2M |
| Tax Assets | $369.4K |
| Other Non-Current Assets | $348.5K |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $20M |
| Account Payables | $2M |
| Short-Term Debt | $507.7K |
| Deferred Revenue | $2M |
| Other Current Liabilities | $779.2K |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $208.7K |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $12M |
| Common Stock | $2.1K |
| Additional Paid-In Capital | $20M |
| Retained Earnings | -$15M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $331.9K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5M |
| Minority Interest | $3M |
| TOTAL EQUITY | $8M |
| TOTAL LIABILITIES & EQUITY | $20M |
| Total Debt | $5M |
| Net Debt | $4M |
